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Thread: 10-30 Pips Per Day (Price Action)

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    Member BASHARAT55 is an unknown quantity at this point BASHARAT55's Avatar
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    yes dear ap nan kafi achi staregy di ha mary khayl say ager ham is ko follow karty hanand wait karty han apni strategy stepup k ato kafi faida lay skty han so mary khayl mian yay kafi acha teqnue ha hamri trade main so hamn hamsha price action ko use karna chyay and is say tarde kokarny ki pratce karni chayy

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member N4th4n is on a distinguished road N4th4n's Avatar
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    Quote Originally Posted by SyedMuhammad151214 View Post
    I have also copied this type of thread in my soft copy file and that strategy / plan is also very good for earning but thier is little bit confiussion which i have not understant about the pending orders. So if you kindly guide me about the bending order i will be very thank full to you
    Thanks for your post in my new thread.
    Regarding the pending order you asked above, it could be done by setting up your chart using Support and Resistance level, then you may set pending order near those S/R level. SL 20-40 Pips depending the current trend.

    Hope it can help you

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member SyedMuhammad151214 is on a distinguished road SyedMuhammad151214's Avatar
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    I have also copied this type of thread in my soft copy file and that strategy / plan is also very good for earning but thier is little bit confiussion which i have not understant about the pending orders. So if you kindly guide me about the bending order i will be very thank full to you

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Alizahid (2020-11-01), N4th4n (2015-04-25), raheel001 (2020-11-01), shani125 (2020-11-29)

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    10-30 Pips Per Day (Price Action)

    Hi forummers
    I'd like to share how to get 10-30 Pips a day using a simple chart setup based on Price Action strategy.

    Rules:
    1. Spot the trend on TF D1, uptrend or downtrend (you may put SMA 6 on D1 to help you spot the trend if needed)
      Clean Chart
      Spoiler Spoiler:


      With SMA 6
      Spoiler Spoiler:

    2. Find reversal candle/bar on TF H1
      Spoiler Spoiler:
      See image on point number 3:
      1. Engulfing
      2. Dark Cloud Cover
      3. Hammer
      4. Spinning Top
    3. Wait for Europe market session runs 1 hour or more to get the signal
      Spoiler Spoiler:

      Blue Box Indicate European Session has Started
    4. Set TP 2 times or more then SL.
      Spoiler Spoiler:

      SL 20 Pips, TP 40 Pips (2 x SL) and multiplied by 20 Pips
    5. Put S/R if needed.
      Spoiler Spoiler:

      S/R are the good place to put Proportional SL and or TP
    Last edited by N4th4n; 2015-04-28 at 07:23 AM. Reason: Add Image

  8. The Following 4 Users Say Thank You to N4th4n For This Useful Post:

    Alizahid (2020-11-01), raheel001 (2020-11-01), Rehman12 (2015-12-29), shani125 (2020-11-29)

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